According to the updated statistics on nTLDStats.com, there are now over 14 million registered new gTLD domain names. What makes this figure more notable is that the registration number just passed 12.5 million registrations 3 weeks ago on February 10. There has been a clear spike in domain name registrations over the last several weeks.
Check out this screenshot of the growth in registered new gTLD domain names since approximately the beginning of the year (courtesy of nTLDStats.com):
The registration growth is also impressive when you look at the chart showing the growth in registrations of new gTLD domain names since inception (also courtesy of nTLDStats.com):
My opinion is that this rapid growth is at least partially due to the low cost of new domain names, with the registration fee for quite a few extensions hovering at around $1/each. It will be interesting to see if registries continue with the low pricing model when it comes time for renewals, and if the prices are increased, it will be interesting to see what happens with renewals.
In the meantime, it’s been quite interesting watching the number of domain names in general being registered. As Mike Berkens noted (and as Verisign has also noted), there has also been a spike in .com registrations as well.
My opinion remains that the most important aspect for adoption is the usage of new gTLD domain names, and I think that still remains fairly low. Lots of registrations is likely good for additional cashflow for the registries and registrars though.
I continue to remain on the sidelines when it comes to new gTLD domain name investments with just a handful of new gTLD domain names in my portfolio. I also don’t think I have bought any new ones in quite some time, perhaps even a year.